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I see all the puppets have arrived, all of which predicting pricing .

https://youtu.be/zxg2fxPLG-k

cbaron
88E is a an Oil Exploration Company they are not a Production Company.

If you read the Presentation and past presentation you would have seen that they aim is prove up fields and then Sell . 30miles and shipping of oil has nothing to do with 88E.

SC

There are no disgruntled few EX-shareholders ,

WE ALL are disgruntled shareholders , look where we are from 3.5p to below 2p

Total garbage this share , what a con job.

What a useless share. Everyday it gets worse and worse. I have lost money on this mother f**ker

Willex

Why do you keep ramping this share. Why are you stressing ?

jiddy123

why dont you sell up and just move , no need to stress as you said you are in profit so 88e made that for you .

I won't be buying any more shares in this dud company. They can keep there share offer

Willec,

Stop your ramping, this company barely has money for one drill much less for all the drills they want to do.

S2 can fail for low flow and no flow.

Do our even have shares in this company or are you a paid ramper. You really sound ridiculous with all your ramping

Willec

You need to stop your ramping and be realistic. You are becoming annoying now. Just chill .

There is no money for the planned upcoming drills

Bully,

Drilling two Wells a year is a lot. 88e can only drill one well a year and all 6 Wells failed at 20 to $25million per well . Flowing Wells in Trinidad is easy but those Wells are low flow , so I see why the need for 30 Wells. But it's the cost to drill those Wells is of concern and where the money is coming from.

Willec unless the flow rates are super high on S2 I don't see money from that well to fund the other 30 Wells as they say. They are hanging their hats too high on drilling. Trinidad Wells are know for low flowing Wells, they have "old wells" or maturing fields. Remember they been pumping oil since the late 1800s

Willec

What you guys have is not enough to drill all those Wells that money you quote is just barely for one well.

Willec

88e had the most glossy best ever presentations and reports and they fallied on all 6 drills to get it right. They had Farmouts , placements and paid drillers in shares all failed.

You and Bpc still have not shown where is the money coming from to fund these drills. You cannot depend on one drill to leap frog and pay for other drills.

And yes I have a few shares in here so it my money jumping around at a lost right now.

Willec,

So you guys only have one sure well to drill and based on that you have cash flow for other Wells?

What happens if S2 fails , where is the money coming from?

I am being real here nor am I ramper or deramper. I grew up in Trinidad and worked in the oils fields both in Trinidad and the offshore Northsea. I do have knowledge on the oil exploration business so I can't be fooled with tech data.

Willec,

With all these drills scheduled, where are they getting the money to do so? Looks like further placements and dilutions . If placements are the order of the day then you guys will always have to keep buying to otherwise your share size sinks. I only managed to keep up with 88e but buying more cheap shares and cashing in on the spuds.

Difference here is you guys have producing Wells while 88e has only a few jars of oils that's they have extracted from mud samples. I think think this share is very long term, one in which you buy and forget then come back in a year or two.

About 6 years ago 88e had a share offer for "qualified holders". I took up the share offer when it opened and immediately you could buy on the open market for non holders at a price below what was offered to existing holders. So I bought at the offer price and had a paper loss. I think it was around less then 0.4p dropping to 0.29p. On their first drill the Lab results came back and it shot to around 4p . I made a huge amount of money from that share offer. I brought at the offer price and then on the opened market price. I held on and waited until the 4p , I did not expect that rapid rise but I took profit and I carried free shares over. On every 88e drill to date I made profit . It was a cycle of placements, dilutions to which I brought when the prices was low and sold on the spud. I too was hoping for the £1 share then 60p to 40p and now it looks like 10p to 15p for 88e sell off. Moral is to wait and take the prices when cheap and then sell on the spud. I have given up major take overs , buy outs and just riding the waves.

Hope profit for all , cheers

Share makes me sick